Mutual Funds

The SEC's Division of Investment Management publishes FAQs giving guidance to mutual fund advisers on their compliance obligations regarding required filings

In a new 'Information Update' from the SEC’s Division of Investment Management, the agency announces the withdrawal of nine and the modifying of 28 staff ...

The staff is withdrawing staff statements relating to Investment Company Act section 18 and section 12(a) , including staff letters as shown in Appendix A, ...

The SEC's adoption of the valuation rule has generated questions about its impact on cross trades

New rule 2a-5 lays out certain requirements when quotes are lacking. These include to come up with, test and apply fair value methods and to ...

This statement updates the Division’s position of January 5, 2021, by extending the expiration date of the staff position from March 31, 2021 to March 31, ...

When "a market quotation for a portfolio security is not readily available or if the investment is not a security, the Act requires the fund to use ...

During the Relevant Cash Sweep Period, even though a money market fund that did not result in revenue sharing payments was always available to it, ...

At least part of the humor in the wallstreetbets derives from its denizens’ self-depreciating sense of being outsiders. The self-proclaimed “degenerates” in the Reddit chat ...

A call not to eliminate rule 30e-3 and the need to allow for e-delivery is heard